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Nov 07 2024BUSINESS

Mozilla's Surprising Pivot: Laying Off Staff and Embracing AI

Mozilla, the team behind the Firefox web browser, just announced a big change. They're letting go of 30% of their staff. Why? They hope to stay strong in a fast-changing tech world. Mozilla wants to be more flexible and quick to respond to tech updates. This means they need to cut some older projec

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Nov 07 2024BUSINESS

Crypto Industry's New Hope with Trump's Presidency

The crypto industry is buzzing with optimism as Donald Trump has been elected president of the United States. Michael Novogratz of Galaxy Digital believes this is a turning point for the industry. The new administration is expected to bring significant changes, especially with key financial regulato

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Nov 07 2024BUSINESS

From Classroom to Boardroom: A Teacher's Unexpected Business Journey

In 2011, Lisa Collum found herself standing in OfficeMax, clutching the last $99 from her checking account. She exchanged it for five binders, which she filled with her fourth- and fifth-grade writing curricula. These humble binders marked the beginning of her side hustle, Top Score Writing. Initial

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Nov 07 2024BUSINESS

2025 Could Be Big for Mergers if Trump Returns

Imagine if Donald Trump becomes the U. S. president again next year. Experts think this could lead to a big wave of companies joining up, especially in the media and tech worlds. Why? Because Trump is likely to change leaders at important government agencies. These leaders might let companies merge

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Nov 07 2024BUSINESS

Expanding Horizons: Blue Fox Buys Unobstructed View

Blue Fox Entertainment Canada is making big moves. They just signed a deal to take over Unobstructed View Inc. and its U. S. counterpart, Unobstructed View LLC. This deal, announced during the American Film Market, will stretch Blue Fox's distribution reach across North America. The company's presid

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Nov 07 2024BUSINESS

Movie Theater Giant AMC Faces $27 Million Loss: What Happened?

AMC Entertainment, the world's largest theater chain, reported a loss of $27 million in their recent quarter. This is a significant shift from last year's profit of $12. 3 million. The problem? The summer blockbusters like "Deadpool & Wolverine" and "Twisters" weren't big enough hits to offset the c

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Nov 06 2024BUSINESS

CVS Health's New CEO Faces Challenges in First Quarter

CVS Health had a mixed third quarter, with increased medical costs hurting profits. This is the first report under new CEO David Joyner, who's trying to turn things around. The company expects these costs to stay high until the end of the year. They wouldn't give a formal outlook, but will share som

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Nov 06 2024BUSINESS

Elon Musk's Big Bet on Trump: What's Next?

Elon Musk has put a lot of money and effort into supporting Donald Trump's presidential campaign. With Trump's win, it's worth looking at what this means for Musk and his companies, especially Tesla. Musk has donated almost $119 million to a political action committee backing Trump. On the plus side

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Nov 06 2024BUSINESS

Facebook User Insights for Spotting Business Partnerships

Did you know that user opinions on Facebook can point businesses towards profitable partnerships? It might sound like a stretch, but a recent study explored just that. Instead of relying on traditional methods, researchers turned to social media to find strategic business connections. They developed

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Nov 06 2024BUSINESS

Social Media: The New Business Frontier

In today's fast-paced world, businesses are constantly seeking ways to stay ahead of the curve. One powerful tool that has emerged is social media. Platforms like Facebook, LinkedIn, and even Wikipedia have become everyday tools for people and professionals alike. But what does this mean for busines

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